News

B2B Payments
Corporate Cards’ Adoption Strategy: Lessen Friction, Sweeten The Deal
August 04, 2021

When it comes to commercial card adoption, issuers and FinTechs can either reduce the friction of using and accepting cards, or they can sweeten the deal to encourage more traction. This week’s look at the latest in commercial card innovation explores how industry players wield...

B2B Payments
Artificial Intelligence Levels-Up In Accounts Payable
August 04, 2021

Artificial intelligence (AI) continues to make its way throughout the back office, exploring new areas to automate and optimize, freeing up human experts for more strategic initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Cards-as-a-Service Tackle MENA’s Market Fragmentation
August 04, 2021

For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when those end-users exist across a range of markets with differing levels of digitization and varying degrees of regulation, scaling can...

Ridesharing
Lyft Adds 3.6 Million Active Riders In Q2
August 03, 2021

The ranks of Lyft’s Active Riders increased by over 3.6 million from the prior quarter — demand for the ridesharing platform continued to rise even as reported COVID case counts were on the uptick. Get the Full Story Complete the form to unlock this article...

Investments
Boston’s Embark Veterinary Gets $75M To Scale Its Dog Genetics Offering
August 03, 2021

Dogs genetics company Embark Veterinary has announced $75 million in Series B funding, a press release says, which represents the largest amount of funding a pet startup has garnered so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today In Food: Consumers Order More Takeout, Fewer Meal Kits
August 03, 2021

Today in restaurant and grocery news, PYMNTS data finds that off-premise channels make up the bulk of quick-service restaurants’ business, while Blue Apron is losing ground with its customer base. Plus, Athletic Brewing’s CEO discusses the rise of nonalcoholic beer. Get the Full Story Complete...

Retail
Chairish CEO Says European Acquisition Provides ‘Next Big Step’ For International Expansion
August 03, 2021

Following a year that has seen accelerated expansion of digital home furnishings sales, Chairish CEO Gregg Brockway said he’s proud of how much the company has grown during a difficult time. The marketplace now has 580,000 items listed from 10,000 sellers, reaching 4.5 million shoppers...

B2B Payments
B2B Payments Today: Julaya Eyes Mobile B2B Payments; Yaydoo Raises Funding For B2B Payments Tech
August 03, 2021

Today in B2B payments, Julaya discusses mobile B2B payments in West Africa, and Yaydoo closes funding for its B2B payments technology. Plus, Zetl explores embedded corporate finance, Triterras seeks to regain Nasdaq compliance and Facevalue debuts an alternative to traditional factoring. Get the Full Story...

B2B Payments
Salt Edge To Help Odoo On Payment Reconciliation
August 03, 2021

Odoo, which works in CRM and ERP, has selected financial application programming interface (API) platform Salt Edge to help it boost invoices and payments reconciliation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...